Sam Chand Acquires KFC Restaurant Portfolio In Long Island For $9.7M

The single tenant retail property located at 221 Jericho Turnpike in Huntington Station, 1617 Deer Park Ave in Deer Park, 1164 Jericho Turnpike in Commack, 910 S Broadway in Amityville, and 155 West Suffolk Avenue in Central Islip, was recently sold in a transaction on Long Island. The property spans an area of 10,851 square feet and is occupied by KFC.

Summary of transaction details

• Property Type: Single Tenant Retail
• Transaction Amount: $9,700,000
• Asking Price: $11,700,000
• Square Footage: 10,851

The buyer in this transaction was Sam Chand, while the seller was Kam Lau. The deal was facilitated by brokers Max Kaestner, Clem Cesare, and Frank Caporrino.